PepsiCo, the company behind such brands as 7Up, its namesake soda Pepsi, Mountain Dew, Aquafina bottled water, among others reported a 2% revenue growth for the full year 2018 to $64.6bn. Fourth quarter sales was flat at $19.5bn as the previous year.
Full year net income rose to $12.55bn, from $4.9bn in the previous year, while fourth quarter net income showed a profit of $6.85bn compared to a loss of -$710m in the same period in the previous year due to a one-time $2.5bn tax charge related to the new U.S. tax law.